XML 33 R18.htm IDEA: XBRL DOCUMENT v3.25.2
INTANGIBLE ASSETS
6 Months Ended
Jun. 30, 2025
Intangible Assets [Abstract]  
INTANGIBLE ASSETS INTANGIBLE ASSETS
As of
US$ MILLIONSJune 30, 2025December 31, 2024
Cost$20,338 $17,739 
Accumulated amortization(3,829)(3,218)
Total$16,509 $14,521 
Intangible assets are allocated to the following cash generating units, or group of cash generating units:
As of
US$ MILLIONSJune 30, 2025December 31, 2024
North American residential decarbonization infrastructure operation$2,988 $3,006 
Brazilian regulated gas transmission operation2,567 2,299 
Canadian diversified midstream operation1,726 1,718 
North American rail operations1,689 1,674 
European residential decarbonization infrastructure business1,313 1,196 
Indian telecom tower operation(1)
1,150 1,175 
Brazilian electricity transmission operation(1)
2,561 1,023 
Global intermodal logistics operation568 577 
U.K. wireless infrastructure operation599 549 
North American retail colocation data center operation(1)
428 454 
U.K. port operation293 267 
Other(2)
627 583 
Total$16,509 $14,521 
1.Refer to Note 6, Acquisition of Businesses, for further details.
2.Other intangibles are primarily comprised of customer contracts at our Canadian natural gas gathering and processing operation, Colombian natural gas distribution operation, natural gas operation in India and contracted order book at our U.K. regulated distribution operation.
The following table presents the change in the cost balance of intangible assets:
US$ MILLIONSFor the six-month period
ended June 30, 2025
For the 12-month period ended December 31, 2024
Cost at beginning of the period$17,739 $18,622 
Additions through business combinations(1)
1,381 1,580 
Additions, net of disposals67 193 
Assets reclassified as held for sale(9)(109)
Assets held by subsidiaries disposed during the period(2)
 (17)
Non-cash disposals(3)
9 (1,053)
Foreign currency translation1,151 (1,477)
Ending Balance$20,338 $17,739 
1.Refer to Note 6, Acquisition of Businesses, for further details.
2.Refer to Note 5, Disposition of Businesses, for further details.
3.Non-cash disposals for the year ended December 31, 2024 principally relates to the deconsolidation of our Peruvian toll road operations. Refer to Note 19, Related Party Transactions, for further details.
The following table presents the accumulated amortization for Brookfield Infrastructure’s intangible assets:
US$ MILLIONSFor the six-month period
ended June 30, 2025
For the 12-month period ended December 31, 2024
Accumulated amortization at beginning of the period$(3,218)$(2,777)
Non-cash additions, net of disposals15 68 
Amortization(425)(824)
Disposals(1)
17 — 
Held for sale7 
Foreign currency translation(225)311 
Ending Balance$(3,829)$(3,218)
1.Refer to Note 5, Disposition of Businesses, for further details.